4217 Third Ave

$2,400,000
Price
4
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Location, location, location, these phenomenal units in hillcrest must not be missed! Having a separate detached free standing 2-bedroom unit is a fantastic feature, providing flexibility for extended family, guests, or rental income. The multi-family zoning and potential for additional construction make this property even more attractive for investment or future expansion. The proximity to amenities like grocery stores, restaurants, and hospitals, as well as easy access to major roadways and the...Location, location, location, these phenomenal units in hillcrest must not be missed! Having a separate detached free standing 2-bedroom unit is a fantastic feature, providing flexibility for extended family, guests, or rental income. The multi-family zoning and potential for additional construction make this property even more attractive for investment or future expansion. The proximity to amenities like grocery stores, restaurants, and hospitals, as well as easy access to major roadways and the beach, adds to the appeal of the location. Overall, it seems like a wonderful opportunity to enjoy the best of Hillcrest living while also having rental income. This property is one of 2 properties in a portfolio being offered for sale. Each property can be purchased on an individual basis. Dont miss this fantastic opportunity to acquire a value-add coastal asset with healthy current income and development potential in one of San Diego's most desirable residential submarkets.
  1. Listed by ED Bustamante • DRE #00845295 • Brokerage DRE #00845295 • South Bay Real Estate
    P: (619)-778-4579 C: (619)-568-3131 ed@southbayre.net

Property Details for 4217 Third Avenue

Neighborhood
Hillscrest
Zoning
Estimated
Area Zip
MISSION HILLS (92103)
Standard Status
Active
LISTING UPDATED: 07/08/2025 12:00 AM

Property Details for 4217 Third Avenue

StatusActive
MLS #PTP2504033
Days on Market242
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units / Res Income 2-4 Units
Year Built-
Lot Size0.23 AC / 10,001 SF
CountySan Diego County

Location

Listing Courtesy of South Bay Real Estate, ED Bustamante, DRE #00845295
Add your commute

Building Information for 4217 Third Avenue

Stories2Residences5Year Built-Building Size-Lot Size0.23 AC / 10,001 SF

Payment Calculator

$11,859 per month

30 year fixed, 6.28% Interest

Principal and Interest

$11,859

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4217 Third Avenue

Summary
Location and General Information
  • Coordinates: -117.161923, 32.754226
  • Latitude: 32.754226
  • Longitude: -117.161923
  • Directions: From Washington St. make a right on 4th Ave. Make a left on Arbor Drive and a right on 3rd Ave.
Taxes and HOA
  • Association Fee: $0
  • CFD Mello Roos Fee Reflct: Year
  • CFD Mello Roos Fee: $0
Property
Lot Information
  • Building Area Total: 0.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 0.2296
  • Lot Size Units: Acres
  • Lot Size: 7,500-10,889 SF
Property and Assessments
  • Parcel Number: 4447201800
  • Property Sub Type: Res Income 2-4 Units
  • Property Type: Residential Income
  • Site: Sidewalks
  • Assessments: N/K
  • Year Built: 0
Interior and Exterior Features
Exterior Features
  • Pool Features: N/K
  • Pool Heat: N/K
  • Number Of Buildings: 2
Interior Features
  • Bathrooms Half: 0
  • Stories Total: 2
  • Bedrooms Count: 4
  • Baths Total: 4.0
Multi Family
Income & Expenses
  • Operating Expense: $3,040
  • Gross Scheduled Income: $9,502
Multi Family Information
  • Unit Numfor Unit1: 1
  • Unit Numfor Unit2: 2
  • Unit Numfor Unit3: 3
  • Unit Numfor Unit4: 4
  • Number Of Units Total: 5

Property History for 4217 Third Avenue

DateEvent & SourcePriceAppreciation
May 31, 2025

Listed (Active)

SDMLS #PTP2504033

$2,400,000
DateEvent & SourcePrice
05/31/2025

Listed (Active)

SDMLS #PTP2504033

$2,400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4217 Third Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - K to 12
Charter - K to 8
Rating
School
Distance
Florence Elementary School
PublicK to 5

Roosevelt International Middle School
Public6 to 8

Home & Hosp/Transition Support
PublicK to 12

Museum School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4217 Third Avenue is a multi-family home for sale in San Diego, CA 92103. This property was listed for sale on May 31, 2025 by South Bay Real Estate, it's currently listed at $2,400,000. This listing's school district is San Diego Unified School District. Nearby schools include Florence Elementary School, Roosevelt International Middle School and Home & Hosp/Transition Support. 4217 Third Avenue is a 4-bed, 4-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of South Bay Real Estate, ED Bustamante, DRE #00845295

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